Actionable insights straight to your inbox


Heron Announces Positive Phase 2b Results and FDA Breakthrough Therapy Designation for Postoperative Pain Treatment

Significant reduction in pain intensity and opioid use in two separate study groups.

In October 2017, doctors at the Mayo Clinic analyzed data from 7,651 patients whose common elective surgical procedures had been identified from American College of Surgeons National Surgical Quality Improvement Program data. The study found that 93.9% of these patients received opioid prescriptions at discharge and concluded that the majority of these patients were overprescribed.

According to Heron Therapeutics HRTX, over 40 million patients are prescribed opioids for postoperative pain each year in the US, of which as many as 2.6 million may become persistent opioid users and 440,000 will become addicted. Heron is developing novel, patient-focused solutions that apply innovative science and technologies to already-approved pharmacological agents for patients suffering from cancer or pain. In doing so, the company hopes to be able to reduce the dependence on opioids on other drugs with more harmful side effects.

Source: Heron Therapeutics, June 21, 2018

Heron announced today positive topline results from two completed Phase 2b studies of HTX-011, a long-acting, extended release formulation of bupivacaine, a local anesthetic, in a fixed-dose combination with meloxicam, an anti-inflammatory drug, for the management of postoperative pain. One study was on 222 patients undergoing primary unilateral total knee arthroplasty, while another study was on 243 patients undergoing augmentation. In March 2018, we highlighted Heron’s positive topline Phase 3 Results for HTX-011 in postoperative care for bunionectomies and hernia repair.

In total knee arthroplasty, HTX-011 achieved the primary endpoint of reduced pain intensity from zero to 48 hours post-surgery compared to placebo:

  • 19% reduction with HTX-011 alone
  • 23% reduction with a combination of HTX-011 and a low dose of ropivacaine, a local anesthetic
    • This compares with just 11% reduction for patients treated with only bupivacaine

HTX-011 also met the key secondary endpoint of reduced pain intensity from zero to 72 hours post-surgery compared to placebo. Additionally, the HTX-011 with ropivacaine combination significantly reduced opioid use through 48 and 72 hours compared to placebo.

In breast augmentation, HTX-011 achieved the primary endpoint of reduced pain intensity from zero to 24 hours post-surgery compared to placebo:

  • 22% reduction both with HTX-011 administered by instillation into the surgical site and with HTX-011 administered as a nerve block
    • This compares with just 8% reduction for patients treated with only bupivacaine as a nerve block
  • Opioid use was reduced by 33% with HTX-011 administered by instillation, and by 23% with HTX-011 administered as a nerve block
    • This compares with just 10% reduction for patients treated with only bupivacaine

The company also announced that HTX-011 has received Breakthrough Therapy designation from the FDA. This designation is reserved for drugs that are “intended to treat a serious or life threatening disease or condition” and that have preliminary clinical evidence that indicates that “the drug may demonstrate substantial improvement over existing therapies on one or more clinically significant endpoints.”

The FDA will expedite the development and review of Breakthrough Therapy drugs.

With the results reported today, we have seen positive results across 7 controlled clinical studies and 5 diverse surgical models, including hernia repair, abdominoplasty, bunionectomy, total knee arthroplasty and breast augmentation. We look forward to submitting an NDA to the FDA for HTX-011 in the second half of 2018.

– Barry D. Quart, Pharm.D., CEO, Heron Therapeutics.

Source: Heron Therapeutics, June 21, 2018.

Please email us at [email protected] to see our Case Studies and Testimonials.

Please click here for information on our new trading platform.

Please click here to see our weekly newsletter.

Bargain-hunting friends of mine have been asking: “Should I buy First Republic?” After all, First Republic is prestigious. Facebook founder Mark Zuckerberg got a mortgage there. Dozens of customer surveys rate its satisfaction scores higher than super-brands like Apple and Ritz-Carlton.
Many of us economy-watchers have been expecting recession, though with significant differences on odds and timing. Regardless, recent banking developments just made recession more likely and may have accelerated its onset.
Many people think of position size in terms of how many shares they own of a particular stock. But it’s much smarter to think of it in terms of what percentage of your total capital is in a particular stock.